HSBC HOLDINGS PLC
No SEC Form 4 filings for $HSBC in the last 30 days.
HSBC customers say ISA transfers are taking far longer than the usual 15 working days, after the bank promoted cash incentives for new Premier customers. Several savers reported delays of weeks or money “disappearing” (e.g., £20,000 for two weeks; £52,000 for six weeks). HSBC told customers demand was “more than usual,” and some transfers required paper “wet” signatures.
OpenAI CEO Sam Altman said the “jobs apocalypse” from AI eliminating entry-level white-collar roles has not yet materialised, adding he expected more impact after ChatGPT’s 2022 launch. He said OpenAI tested AI-written email/Slack replies but reverted some to humans. The remarks come as firms cut jobs tied to AI investment and expand AI hiring, including Anthropic’s 40+ London roles.
HSBC Hong Kong said nearly 2 million new customers have joined over the past two years, taking its total to 7 million at end-2023. At a media briefing, the bank set a short-term target of 7.5 million customers, matching Hong Kong’s population, and said it needs more international investors to reach the goal.
